ContractPledge and Security Agreement • October 6th, 2016 • Royal Energy Resources, Inc. • Bituminous coal & lignite surface mining • New York
THIS PLEDGE AND SECURITY AGREEMENT, dated as of September 30, 2016 (as the same may be amended, restated or otherwise modified from time to time, this “Agreement”), is made by ROYAL ENERGY RESOURCES, INC., a Delaware corporation (the “Borrower”), having an address at 56 Broad Street, Suite 2, Charleston, SC 29401, in favor of WESTON ENERGY LLC, a Delaware limited liability company (together with it successors and assigns, the “Secured Party”).
EQUITY EXCHANGE AGREEMENTEquity Exchange Agreement • October 6th, 2016 • Royal Energy Resources, Inc. • Bituminous coal & lignite surface mining • Delaware
This Equity Exchange Agreement (this “Agreement”), dated as of September 30, 2016, is made by and among Rhino Resource Partners Holdings LLC, a Delaware limited liability company (“Holdings”), Rhino Resource Partners, LP, a Delaware limited partnership (“Rhino”), Rhino GP LLC, a Delaware limited liability company (“Rhino GP”) and Royal Energy Resources, Inc., a Delaware corporation (“Royal”).
CONVERTIBLE PROMISSORY NOTERoyal Energy Resources, Inc. • October 6th, 2016 • Bituminous coal & lignite surface mining • Delaware
FOR VALUE RECEIVED, Royal Energy Resources, Inc., a Delaware corporation (the “Maker”) promises to pay to the order of _________________________________________________________________ (together with any subsequent holder hereof, the “Holder”), the principal sum of ________________________________________ Dollars and No Cents ($____________.00), plus simple interest at the rate of ten percent (10%) per annum. Accrual of interest shall commence on the first business day to occur after the date of initial issuance and continue until payment in full of the principal sum has been made or duly provided for. This Note is in registered form and is part of a series of obligations issued in registered form. This Note is subject to the following additional provisions.
